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Bingo Industries Provides Minto Operational Update

12 Jan 2018  |  08:46:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Minto operational update

Bingo Industries announced that it refers to its market announcement of 19 October 2017, in relation to issues raised by the Environment Protection Authority (EPA) about the Company's operations exceeding its licensed processing limits at its Minto facility. As advised, it reached agreement with the EPA regarding the operation of the Minto recycling facility and, at the time, it was also noted that the EPA may seek to impose a fine on the Company in relation to this matter. It has received notification from the EPA that the regulator is seeking to impose a fine. The prior agreement with the EPA on the facility avoided the need for court proceedings on the issue of the operations for the balance of the annual reporting period under the Environment Protection Licence (EPL).

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